The Inevitability of “Trusted Third Parties” for IT Security & Privacy

A way to understand our approach at Trustless Computing and TRUSTLESS.AI – often referred to by Vitalin Butterin investor of Ethereum – is that the cyber-libertarianism of E2EE and blockchain die-hard enthusiasts cannot technically ever succeed in eliminating “trusted third parties”.

We need therefore to build “digital social contracts”, i.e. doing our best to give a good governance to the inevitable “trusted third parties”, let alone they will turn into terribly crooked ones. Here is more in a post of mine of 2014.